CHS (NASDAQ:CHSCL) Stock Crosses Above Fifty Day Moving Average – Here’s Why

CHS Inc. (NASDAQ:CHSCLGet Free Report)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $25.37 and traded as high as $25.40. CHS shares last traded at $25.40, with a volume of 25,313 shares.

CHS Price Performance

The business’s 50-day moving average price is $25.37 and its two-hundred day moving average price is $25.56.

CHS Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a $0.4688 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $1.88 annualized dividend and a dividend yield of 7.4%.

CHS Company Profile

(Get Free Report)

CHS Inc, whose Class B Common Stock trades on the Nasdaq under the symbol CHSCL, is a diversified global agribusiness cooperative headquartered in Inver Grove Heights, Minnesota. As one of the largest cooperatives of its kind, CHS is owned by farmers, ranchers and cooperatives across the United States, and it serves as a critical link in the agricultural supply chain from field to fork.

The company’s core operations are organized into key segments. In Energy, CHS markets refined fuels, lubricants, propane and renewable products under the Cenex® brand and through strategic partnerships, supporting retail stations, commercial fleets and heating markets.

Further Reading

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